Maharashtra has well-developed motorways and expressways, while many streets of the district and Taluka level remain underdeveloped. To close this gap, the Maharashtra State Infrastructure Development Corporation carried out a 6,000 km long road project worth 37,000 rupees. In an interview, the managing director of MSIDC, Brijesh Dixit, shares that Siddhann Konduskar outlines MSIDC's strategy for the implementation of large projects and long -term economic effects. Excerpts:
MSIDC was founded in 2023 as a dedicated unit for infrastructure development in Maharashtra. What are the goals of the new body?
The main goal of MSIDC is to increase and increase state resources for infrastructure projects. The company ensures the mobilization of funds, including exploring bot projects (build operate transfer), in which private investors contribute to the development of the infrastructure. Another focus is on the monetization of state assets such as the development of barren countries to generate additional resources in which MSIDC plays a crucial role in the implementation of infrastructure projects inside and outside Maharashtra.
Our mandate includes the implementation of infrastructure projects in all 22 categories identified by the central government under the National Infrastructure Pipeline. This includes streets, railways, U -Bahn, airports and ports as well as the water supply, the power supply and the industrial infrastructure.
How does the role of Maharashtra differ among the department for public work with a significant part of the Maharashtra road network as part of the department for public work and how do both agencies coordinate?
One of the main projects that MSIDC carried out is based on the Hybrid Annuity Model (Ham). Traditionally, Bot projects were based exclusively on private investments, which often led to delays. To address this, the Ham model was introduced, where the government initially contributed 40 percent, while private units brought 60 percent. However, a new approach was followed in Maharashtra, with the government covering 60 percent and private players the remaining 40 percent.
According to this model, MSIDC plays the role of a financier and reduces the government's financial burden. Instead of private units that contribute 40 percent, MSIDC now contributes 60 percent and secures funds from financial institutions to competitive interest rates. This has significantly improved the project execution.
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What are the immediate and long -term infrastructure projects that MSIDC did?
According to the new Ham model, MSIDC launched a nationwide project to improve connectivity. A 6,000 km long road project worth 37,000 rupees has carried out to ensure that these roads are built with high -quality concrete. The project is followed by a debt equity model with a 17 and a half-year timeline, including maintenance within the framework of MSIDCs grant view.
MSIDC also develops the office of the department commissioner and the District Collector Office in Nagpur, an auditorium on an agricultural college and veterinary college in Shirdi and Akola.
Through the Ministry of Road Traffic and motorways (Morth), the company is also involved in the improvement of the Kalamboli district in Navi Mumbai, which builds the 250 km-chm-chm-chhatrapati Sambhaji Nagar Expressway in India The longest in India and build important highways such as Hadapsar (Pune) to Yavat (Solapur) and Talegaon in Chakan in Shikrapur in Pune. These projects aim to improve the transport network and the industrial connectivity of Maharashtra.
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In view of the increasing emphasis on sustainability, environmentally friendly materials or environmentally friendly infrastructure practices are included in his projects?
Sustainability is an essential focus in all MSIDC projects, with environmentally friendly materials and green infrastructure practices being prioritized. In Baubau, MSIDC follows the green building standards by incorporating natural ventilation, optimized lighting and 100 percent water recycling systems. Solar energy solutions and environmentally friendly building materials are also used to improve sustainability.
Materials such as flight ash in cement concrete are used for road projects. Road constructions are optimized to reduce the waste of fuel by ensuring proper curvature and gradient, improve energy efficiency and minimize the environmental impact.
What measures are available to ensure the transparency through MSIDC? What is your vision for MSIDC in the coming years?
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We have ensured that all mandates managed by the government are 100 percent transparent. All basic information about every project we carry out are slightly available on our website. We are always ready to share all the information and answer questions or to answer all problems raised by a stakeholder.
Our existence was only in the past 16 months and we have carried out streets, highways, expressways and construction projects. Slowly and gradually we become all other infrastructure projects from the 22 mentioned.